lapsed_skyblue
Well-Known Member
You just been taken to court by your tenant (alright, ACL 's tenant), indeed proceedings are still potentially unfinished.
Despite apparently winning the case comprehensively and having been awarded costs these are in dispute and you could face a six figure sum shortfall in their recovery.
Yet you are being urged to enter into another contract with the same people, on the grounds of civic duty and the fact that they are the only logical tenant for the facility. Furthermore, you are being urged to enter into a relationship which will require you to effectively bear your throat if they happen to be carrying a knife.
What is logical in doing this?
Thoughts that would go through my head -
Can our facility cope without this tenant?
Can we find a less troublesome tenant?
Can we manage long enough for this tenant to go away and the football club to be in the hands of someone who really wants to deal?
If a deal with SISU/OEG is truly the only deal in town then I cannot see it as any more than a rent only deal: forget the subtleties of pie money etc as they would require a degree of openess that would not seem prudent. Besides, as it is only supposed to be a short term deal pending a new stadium being bought. (can you buy a stadium and then get it delivered?)
SISU,'s problem could well be that, knowing that a new stadium isn't going to happen, any short term deal for the Ricoh could form the basis for a long term deal, so they have to go in hard now.
Despite apparently winning the case comprehensively and having been awarded costs these are in dispute and you could face a six figure sum shortfall in their recovery.
Yet you are being urged to enter into another contract with the same people, on the grounds of civic duty and the fact that they are the only logical tenant for the facility. Furthermore, you are being urged to enter into a relationship which will require you to effectively bear your throat if they happen to be carrying a knife.
What is logical in doing this?
Thoughts that would go through my head -
Can our facility cope without this tenant?
Can we find a less troublesome tenant?
Can we manage long enough for this tenant to go away and the football club to be in the hands of someone who really wants to deal?
If a deal with SISU/OEG is truly the only deal in town then I cannot see it as any more than a rent only deal: forget the subtleties of pie money etc as they would require a degree of openess that would not seem prudent. Besides, as it is only supposed to be a short term deal pending a new stadium being bought. (can you buy a stadium and then get it delivered?)
SISU,'s problem could well be that, knowing that a new stadium isn't going to happen, any short term deal for the Ricoh could form the basis for a long term deal, so they have to go in hard now.